Cima Value Investing Us

TYPICAL INTERVIEW QUESTIONS
Personal Career Choices/Resume:
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. Tell me about yourself… walk me through your resume. Why Investment management? (Be prepared to discuss why consulting, private equity and banking are not for you) Why buy side and not sell side? (Depending on the fund) why growth? Why value? Why momentum? Why fixed income? Why did you choose Columbia Business School? What qualities are necessary to be a good analyst? Do you have an industry preference? If so, why? Tell me about a problem or project that you worked on and how you went about solving it. What other firms are you interviewing with? Why do you want to work for us? What are your long term goals? What are you looking for in an internship/job? What classes have you taken? What have been your favorites? Least favorite? Why? Tell me about a time when you had to take a stand, and were met with opposition to your view. What was the outcome? What sort of teams have you worked with successfully and unsucessfully in the past? Talk about a failure. How did you overcome it? What are your strengths and weaknesses? What is your investment philosophy? Columbia is known for value investing—who are the top 3 value investors that you admire.

Market/Stock Pitch related:
20. 21. 22. 23. 24. 25. 26. 27. Where do you think the market is going? Why? Do you own/have you owned any stocks? Tell me about them. Why did you buy/sell them? What stocks do you like now? (Should have 2-3 picks prepared, and expect follow-up questions) How did you arrive at your target price? What are the drivers? What are 5 ways a company can manipulate earnings? What are five questions you would ask a company’s management? How do you value management?

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GMO: The Value Versus Growth Dilemma |
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Value investing is a way of investing in company stocks that are considered either undervalued or out-of-favor by the market. In other word, a value investment is one where the intrinsic value of the stock is not accurately reflected in the current market valuation. The underlying reason of too much decreasing in the stock price is that the company may be losing market shares or even in trouble due to market’s panic attributed to negative rumors as well as having management problems. Since the market price has dramatically descended, the book to market ratio of that stock will conversely increase. Consequently, this fraction is an important indicator that value investors will look at in order to justify if a particular stock is value stock or not.
The rationale for investing in such value stock is that after the forces that are depressing the stock have diminished, the market price of value stock can only go upward from the bottom position to realize the stock’s hidden potential value at some point in the future. Notably, the key assumption is that once the market finally acknowledges the inefficiency that the price is too low when compared to the expected future returns, it will bump up the price and the value investors will directly......

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One of the main questions that business leaders today face, in their quest for continual performance, is whether or not incentive plans help or hinder in their drive to sustain performance (Gomez-Mejia, Balkin, & Cardy, 2012). Case Study 3 looks at this issue from the perspective of a larger organization (500 plus employees), as well as what those challenges would be, and how to meet them when operating within the constraints of a small business. The challenge most business leaders face is determining the balance between what is motivational for employees and still a good return on investment for the organization – basically will performance improve (additional shareholder value) if the financial resources are allocated for the incentives (Ellig, 2011). Extrinsic rewards can sometimes impede innovation and creativity by narrowing the focus to the asset. Extrinsic rewards can also motivate to allow for only temporary compliance if the intrinsic impetus has not been directed and changed to mirror the long-term goal (Barros & Lazzarini, 2012). The balancing act, therefore, becomes can a business develop a corporate culture where the foundation is based on intrinsic motivation while still offering extrinsic assets and compensation.
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The ICT industry saw a phenomenal growth over the last decade across the world due to the need of lowering cost and the ability to gain access to talent.
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...the positive net present value and the small capital outlay required. The final issue is the ethical implications from child labour accusations. A moral analysis utilizing the beliefs of the 6 major ethical systems demonstrated that CeeCee should abide by the law and discontinue the use of child labour.
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3
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Reprint R0807J
Investing in the IT That Makes a Competitive Difference
The Idea in Brief
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For more than sixty years the United States dollar has been the central reserve currency for the world. A reserve currency, also referred to as an anchor currency, is a currency that is held in significant quantities by governments and institutions as part of their foreign exchange reserves (Carbaugh, 2011). As the world’s reserve currency, the U.S. dollar is used throughout the world as a medium of exchange and is used as the global currency for products traded within the global market. In recent years the status of the U.S. dollar has been contested by a select few around the world. Leaders are unconvinced about the future of the United States economy as their deficits are exceeding record highs. The following analysis will discuss the history of the world reserve currency, how the U.S. dollar became the controlling currency and the benefits the U.S. has experienced as a result of having the controlling currency. Presenting analysis will also discuss the cause of mounting concerns over the future of the United States as well as the effects if the dollar was to lose its status as the world’s reserve currency. Finally, alternatives for the dollar will be evaluated as well as what the United States can do to maintain the standing of the dollar. History of World Reserve Currency During the 1800’s and the first half of the 1900’s the British Pound served as the foremost world reserve currency. Due to WWII Great Britain accrued a high amount of......

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The syllabus
Each syllabus section contains a series of learning outcomes. These are the things that you might be asked to do in the exam. If there isn’t a learning outcome, there can’t be a question in the exam. In addition, the learning outcomes set an upper limit in the skill level for that area of the syllabus. Let me explain…
Every learning outcome uses a verb, or verbs, from the approved hierarchy published with the syllabus (see Figure 1). This hierarchy gives a brief definition for each verb, but also ranks it in one of five
CIMA February 2010
1
levels. Although the hierarchy is upside-down, it’s fairly obvious that the ‘level 5’ verbs are a lot more difficult to do than those at ‘level 1’. The hierarchy is also meant to be progressive so, as you learn, you work your way ‘up’ the hierarchy (from level 1 to wherever), increasing your skill level as you go. Why do I say ‘to wherever’? Because there is no need to go further than the verb used in the appropriate learning outcome. Let me demonstrate…
Illustration A
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New for 2015 – BPP Momentum
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Saint Leo University
An Analysis of Value and Growth Investing
This essay will define and identify the differences between value stocks and growth stocks. It will also explain the rationale that investors use for purchasing both value and growth stocks, and will identify whether value or growth investing has worked best over the long term. In addition this essay will provide incite as to which of the two investment methods I prefer and a justification for this preference and lastly will identify a recent example of someone who can be described as a value or growth investor and describe their successfulness with the method they chose.
Value and Growth Stocks Defined
According to our text, value stocks and market stocks are defined relative to their market-to-book ratios. A market-to-book ratio that well exceeds 1 indicates that the value of a firm’s assets exceeds their historical cost. As such, stocks with lower market-to-book ratios are classified as value stocks, while stocks with high market-to-book ratios are known as growth stocks (Berk, 2014, p. 28). When compared to stocks within a similar industry, value stocks may be lower priced and are considered more of a bargain, while growth stocks are more highly priced relative to those in their industry.
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CIMA Chartered Management Accounting Qualification 2010
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Contents
CIMA now designs its qualifications in what we believe to be a unique way. Based on rigorous international primary research with all of our key stakeholders and involving the participation of over 6,000 individuals and organisations – members, students, employers (both existing and potential), CIMA tuition partners, universities and our examiner and marker team – we have designed a professional finance training and development solution that is second to none. I commend this revised CIMA Professional Qualification to you. It will be examined for the first time in 2010, so there is plenty of time to absorb the exciting changes contained in the pages that follow.
A qualification focused on the future – fit for purpose, relevant and unique
I am honoured to introduce the new 2010 Chartered Management Accounting Qualification to all of our stakeholders. With seismic shifts occurring in the world’s economy, coupled with accelerating concerns about the sustainability of our planet, never before has there been a greater need for organisations to train and develop their people to manage the impact of these changes. With this revised qualification CIMA remains true to its long and proud history of providing finance professionals with a difference – Chartered Management Accountants – who combine management and finance skills in a unique way and who fully......